Copper price touches $10,000 again as Goldman sees ‘stockout’ risk
Goldman raised its year-end price target to $12,000 a ton, from $10,000 previously.
Goldman raised its year-end price target to $12,000 a ton, from $10,000 previously.
South African officials have so far given BHP’s proposal a mixed reception.
The precious metal climbed as much as 1% on Monday, following back-to-back weekly losses.
Facility is part of Fortescue’s $550 million commitment to developing an electrolyzer and liquefaction plant in Phoenix.
Lawmakers across different parties who backed a contract with First Quantum Minerals have faced a backlash that could hurt their support.
Anglo American jumped 3.2% after Reuters reported that Glencore was mulling an approach for the miner.
BHP’s team aims to engage with President Cyril Ramaphosa’s administration among other key stakeholders, Bloomberg sources say.
Lithium prices had fallen by more than 80% in the year up to March, according to a basket tracked by Benchmark Mineral Intelligence.
The operator of the Loulo-Gounkoto gold complex increased tax, royalty and dividend payments to the Malian government by almost half to $380.7 million last year.
Bullion rose as much as 0.3% after losing more than 2% last week.